Post by
dandu1924 on Jan 11, 2024 10:28am
Buyback numbers
BTE had July 27th 2023= 862,192,483 shares and today =821,680,619 shares, this is over 40 millions shares buyback. Not bad and at $4 +or- this is a good timming for BTE and they can buyback more and more at those cheapy prices.
Comment by
Marty47 on Jan 11, 2024 10:36am
Yea at this levels they should be good and take this opportunity to save money and buy more , this is the only way now they can help , I'm not sure if they buy stock from juniper it's considering in the 2% tax , hope they get some kind of deal with them down the road .
Comment by
red2000 on Jan 11, 2024 10:39am
With the Ranger deal, Baytex offer shares at 4,12$ US X 1,34 = 5.52$ CDN per share. Right now they are able to buyback at 4,25$ CDN or so. IT'S A 30% DISCOUNT ! So the Ranger deal now cost less, roughly 185 to 200M$ less. Major reason why Juniper don't sell their shares !!! Only my O !
Comment by
dandu1924 on Jan 11, 2024 10:51am
Anyway, the buyback should make something good and when Juniper will get out of BTE, we should pop up as we did before, from $2, $3, $4, $5, to $9. BTE still has around 27 millions share to buyback until June 28th 2024.